SCORE BOARD FILES FOR CHAPTER 11 DUE TO SOFT CARD MARKET

NJ-based Score Board Inc., "faced with weak sales in a
sports-card industry that never fully recovered" from the
MLB strike, has filed for Chapter 11 bankruptcy protection,
according to Dean Starkman of the WALL STREET JOURNAL. Neal
Colton, a lawyer for the company, said that Score Board "has
been hurt by a contraction in the market for sports cards, a
result of both the baseball strike and of a glut of sports
memorabilia in general." Score Board "defaulted" on a $4M
secured credit line with Congress Financial Corp., among
other debts (WALL STREET JOURNAL, 3/20).